Cho Thavee PCL (BKK:CHO) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is Cho Thavee PCL LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Cho Thavee PCL's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

Cho Thavee PCL's long-term debt to total assets ratio declined from Dec. 2023 (0.33) to Dec. 2024 (0.13). It may suggest that Cho Thavee PCL is progressively becoming less dependent on debt to grow their business.

Cho Thavee PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cho Thavee PCL's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cho Thavee PCL LT-Debt-to-Total-Asset Chart

Cho Thavee PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.11

0.17

0.12

0.33

0.13

Cho Thavee PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.39	0.16	0.18	0.13

Cho Thavee PCL LT-Debt-to-Total-Asset Calculation

Cho Thavee PCL's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	336.28	/	2649.414
	=	0.13

Cho Thavee PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	336.28	/	2649.414
	=	0.13

Cho Thavee PCL (BKK:CHO) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Cho Thavee PCL LT-Debt-to-Total-Asset Related Terms

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Cho Thavee PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Cho Thavee PCL (BKK:CHO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CHO-R:Thailand

Address

265 Moo 4, Klang Muang Road, Tambol Muang Khao, Amphur Muang, Khon Kaen, THA, 40000

Website

http://www.cho.co.th

Cho Thavee PCL along with its subsidiaries engages in the manufacturing, selling and providing service of trailer assembly, vehicles, and special equipment. The company's products comprise standard products, which include trucks, semi-trailer, full-trailer; and other related products. Its segments include deriving revenue from contracts such as standard products, special products and project contract; revenue from sales such as the sale of spare parts and vehicle prototype; and revenue from service such as maintenance service centre. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.

Cho Thavee PCL Headlines

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